Volatus LIFE Offering Financing Oversubscribed and Upsized to $5,000,000

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TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) (“Volatus” or the “Company”) is pleased to announce that, due to existing and strategic investor demand, it has increased the size of its non-brokered listed issuer financing exemption (“LIFE”) private placement (the "LIFE Offering"), as previously announced on June 19, 2025, to 25,000,000 units of the Company ("Units") at a price of $0.20 per Unit (the "Issue Price") for gross proceeds of up to approximately $5,000,000, increased from $4,000,000. Each Unit will be comprised of one common voting share in the capital of the Company (“Common Share”) and one-half of one Common Share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share (each, a “Warrant Share”) at an exercise price of $0.30 per Warrant Share for a period of 36 months following the date of issuance. The Company is not expecting to increase the offering further. In connection with the upsize to the LIFE Offering, the Company has filed an amended and restated offering document (the “Offering Document”).

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